June 21, 2019 / 10:18 AM / 2 months ago

CORRECTED-(OFFICIAL)-BRIEF-Forward Air Expects Q2 EPS Of About 15% Below Prior Guidance (June 20)

(Corrects headline, first bullet to drop ‘low end of’ after company clarifies)

June 20 (Reuters) - Forward Air Corp:

* FORWARD AIR CORP - ANTICIPATES 2019 Q2 EPS TO BE APPROXIMATELY 15% BELOW ITS PREVIOUS EPS GUIDANCE RANGE

* FORWARD AIR SAYS LOWERS 2019 Q2 EPS GUIDANCE AS A RESULT OF A $5.0 MILLION RESERVE RECORDED IN JUNE 2019 FOR PENDING VEHICULAR CLAIMS - SEC FILING

* FORWARD AIR SAYS PENDING VEHICULAR CLAIMS UNDERLYING A $5.0 MILLION RESERVE RECORDED IN JUNE ARE STILL DEVELOPING AND MAY FURTHER IMPACT COMPANY'S RESULTS Source text: (bit.ly/2FmSR8w) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below